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the euro probably had some. what it did with the creation of the year when the countries came in when it really came in they had before the euro. industry to run twelve percent fourteen percent that had a devaluation premium in and when they joined the or suddenly they were all the. you know four percent four percent or below and this encouraged countries now with no dead it can add more to. give the wrong message because what they should have realized is that this these debts now are so euro debt no longer drachmas are clear that it can't devalued them away you're stuck with this and maybe in retrospect it might have been wise for countries of the high debt not to lock themselves into that fixed at her to have a devaluation in inflation before but nobody wanted to do that and if they. murdered risk not being able to make that deadline of nine hundred ninety nine of getting all those countries into the euro zone and and because. you know a moment the political moment may have been missed and may not have come up
the euro probably had some. what it did with the creation of the year when the countries came in when it really came in they had before the euro. industry to run twelve percent fourteen percent that had a devaluation premium in and when they joined the or suddenly they were all the. you know four percent four percent or below and this encouraged countries now with no dead it can add more to. give the wrong message because what they should have realized is that this these debts now are so euro...
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Jan 1, 2013
01/13
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in return, she will receive 750 euros per donation. that is a lot of money for the chemistry student. >> it is not a regular monthly income, but it is enough to help the family that urgently needs money. in my case, i needed to pay the registration fee so that i can keep working towards my master's degree. >> donating eggs is legal, and an increasing number of women in spain are doing it, including here. the clinics pay up to 900 compensation and expenses for the examinations, hormone treatment, and egg extraction. anna needs the money. although she is 26, she is almost too old. this clinic is looking for even younger donors, and it has plenty of applicants to choose from. >> every day, we get calls from two or three women who want to donate eggs. we now have a list of 200 donors, even though we do not have that many potential recipients. >> donating eggs is a lucrative source of income. although in spain it is illegal to sell them, donors receive money in the form of compensation. four years ago, this professor was a member of spain's
in return, she will receive 750 euros per donation. that is a lot of money for the chemistry student. >> it is not a regular monthly income, but it is enough to help the family that urgently needs money. in my case, i needed to pay the registration fee so that i can keep working towards my master's degree. >> donating eggs is legal, and an increasing number of women in spain are doing it, including here. the clinics pay up to 900 compensation and expenses for the examinations,...
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it isn't the creation of the euro. cars the problem so much because before the euro came into being countries where they clearly had a hundred three percent. g.d.p. ratios and greece greece had two hundred ten percent belgium had. one time in one thousand nine hundred forty five percent so they let there's a lack of fiscal discipline all in a movement to the left in europe big spending and on. social projects that. couldn't keep going it's no longer now europe also has a static population in some cases to declining population and so you have more. people more pensions bills to pay and fewer people to work to pay them you know that it's a pretty big problem when the shot came but when you talk about dadt i mean there are i think two points to make because first of all has always been plagued with debt. reg its budget deficit in order to qualify so maybe it's not the death but what was it maybe that hero was too good on maybe you topping for europe then they probably had some. what it did with the creation of the year wh
it isn't the creation of the euro. cars the problem so much because before the euro came into being countries where they clearly had a hundred three percent. g.d.p. ratios and greece greece had two hundred ten percent belgium had. one time in one thousand nine hundred forty five percent so they let there's a lack of fiscal discipline all in a movement to the left in europe big spending and on. social projects that. couldn't keep going it's no longer now europe also has a static population in...
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Jan 23, 2013
01/13
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the european union and the euro cannot move forward without greece. the day after a country like greece will leave the euro, the next country that will seek to leave the eurozone would be our friends and allies germany. we know this very well and they know it as well. and so it be moves us to find a mutually acceptable solutions to the benefit of europe and the european ideas. and that's why we're proposing a european solution to the european debt problem that is very similar to the solution given to germany itself at the end of world war ii in 1953, during the london conference, a series of countries, including greece, decided to allow germany the opportunity to write off 60% of the public debt through growth and moratorium on payment and this is an opportunity that must be given not only to greece but the european countries that have a debt problem so that the cubs can -- countries can rediscover growth, get back on their feet again. now, the second aspect to your very important question has to deal with how this magical word known as "growth "will
the european union and the euro cannot move forward without greece. the day after a country like greece will leave the euro, the next country that will seek to leave the eurozone would be our friends and allies germany. we know this very well and they know it as well. and so it be moves us to find a mutually acceptable solutions to the benefit of europe and the european ideas. and that's why we're proposing a european solution to the european debt problem that is very similar to the solution...
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nobody else euro and people talked about the measures now it's driven by a little bit of fiscal cliff optimism we've at least seem to have avoided it for a few months and therefore now people think that hate is to measure in japan are working to some to it actually helps to do extractions on it but the key measures here is really the start of the universe camote that risk almost can evaporate relatively quickly. so the business will today have a fantastic we can stay with us here and i'll take as the danube or so he'll be out with the. you know how sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else and you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom harvey welcome to the big picture. when i've done your. drug game coming up. the reeling from columbine to sandy hook. a supermodel with. no proof anti-depressants are a sham. from the age of pain docs pumped. in adam lanza pretty much every school shooting in the polls. was on prescription drugs on antidepressants k
nobody else euro and people talked about the measures now it's driven by a little bit of fiscal cliff optimism we've at least seem to have avoided it for a few months and therefore now people think that hate is to measure in japan are working to some to it actually helps to do extractions on it but the key measures here is really the start of the universe camote that risk almost can evaporate relatively quickly. so the business will today have a fantastic we can stay with us here and i'll take...
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Jan 8, 2013
01/13
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he made over 200 million euros. now, many of his fellow greeks are looking to follow in his footsteps, and he can see why -- not only does he love the beautiful swiss countryside and the country's efficiency, he also appreciates its low rate of taxation. >> it is not illegal, but morally unacceptable that in some comfort -- countries, you have to pay 50% tax. anybody who wants to have a good quality life -- i find it proper no more. it has to do with tax. >> tax regulation is especially business friendly, which is why thousands of businesses are headquartered, at least on paper, here. a growing number of greek businesses are here as well. christoph knows why. he has just helped a company set up business. in switzerland, the corporate tax rate is just 5%, compared to 20% in greece. he shows colleagues how he said it up. tax breaks are one of several factors that make switzerland highly attractive to businesses. >> if you base your business here, you are in good company, international company. there is a host of inter
he made over 200 million euros. now, many of his fellow greeks are looking to follow in his footsteps, and he can see why -- not only does he love the beautiful swiss countryside and the country's efficiency, he also appreciates its low rate of taxation. >> it is not illegal, but morally unacceptable that in some comfort -- countries, you have to pay 50% tax. anybody who wants to have a good quality life -- i find it proper no more. it has to do with tax. >> tax regulation is...
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state owned natural gas through death which could potentially raise more than one point five billion euros for others so what's the dire lever that while we're going to turn our attentions to a man cause are very good fellas in on this so do tell me firstly what is that and how vital is it for greece to sell it right now. well katie is a greek state owns and natural gas group which is responsible for the acquisition and delivery of fine natural gas to customers throughout the country at the moment as existing contracts with the about one hundred ninety three companies out throughout the country i believe. and despite all the economic problems that greece is currently facing at that company depth of that company's financial financials are not all that bad in comparison to the rest of the nation so a very lucrative asset indeed now to the second part of the question and greece has to sell this asset so i think you summarize it pretty well in the beginning while the country is now under huge pressure from the. from the european commission the european central bank and the international moneta
state owned natural gas through death which could potentially raise more than one point five billion euros for others so what's the dire lever that while we're going to turn our attentions to a man cause are very good fellas in on this so do tell me firstly what is that and how vital is it for greece to sell it right now. well katie is a greek state owns and natural gas group which is responsible for the acquisition and delivery of fine natural gas to customers throughout the country at the...
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Jan 28, 2013
01/13
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we need firm rules for who can be in the euro and who can be out of the euro and what conditions they have to meet to make those transitions. and we need some sort of fiscal architecture to protect the euro against these enormous issuances of unsustainable debt. >> unfortunately, since that feels quite far away from where we're standing right now, we must contemplate the worst case scenario, which would be one country leaving the euro followed by several others. a complete collapse of confidence in the european project and the eurozone project, losing several banks, people on the streets, riots. (singing) (instrumental music) >> the u.s. treasury secretary tim geithner, concerned about the eurozone crisis, sought a meeting with the german finance minister wolfgang schauble on his holiday. in a statement, they said there was a need for global cooperation to resolve debt problems. >> as the european union's greatest ally and trading partner, what can the u.s. do to prevent a break up? >> well the eurozone is of course america's leading trade partner. and as a consequence, if the eurozon
we need firm rules for who can be in the euro and who can be out of the euro and what conditions they have to meet to make those transitions. and we need some sort of fiscal architecture to protect the euro against these enormous issuances of unsustainable debt. >> unfortunately, since that feels quite far away from where we're standing right now, we must contemplate the worst case scenario, which would be one country leaving the euro followed by several others. a complete collapse of...
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here is the voice of europe's working class as we discussed the euro crisis with a representative of more than fifty trade unions. deadly rivals the decades. if you had fifteen thousand people killing each other in any other country there would be diplomats there would be mediators a lot of. self imposed out costs from society i will cut myself am i going to tax my brother understand my one time immediately i am going to leave basically attack the cops of my anger and my frustration. the. judge well into the dome. two of the most violent gangs in us history. is just all model kill or be killed with the colors matching the national flag. but this country uses violence when it reaches its and then it legitimizes the violence they all made in america on the odyssey. thank you did i'm talking to owen to user who is with the team you see an umbrella group for more than fifty trade unions in the u.k. which represent a total of nearly six and a half million people working in all sorts of sectors from train drivers to teachers i want you to thank you for talking to us today now you are a gre
here is the voice of europe's working class as we discussed the euro crisis with a representative of more than fifty trade unions. deadly rivals the decades. if you had fifteen thousand people killing each other in any other country there would be diplomats there would be mediators a lot of. self imposed out costs from society i will cut myself am i going to tax my brother understand my one time immediately i am going to leave basically attack the cops of my anger and my frustration. the. judge...
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Jan 6, 2013
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it has cost greece and the eu 10 million euros. iom officials know that many immigrants fear for their safety. the head of the commission says he wants to send a message about the harsh realities of migration. >> we go to their countries of origin and show them real images of what is going on here, the people that live 50 in one room, the others that are homeless. all these bad things that are happening, so they wil kw that this is not a game. >> akibar has received the message loud and clear. he is on the list for a return flight, although he is not optimistic about his prospects. >> my dream is to have a small clothing store, but i have no money. >> it is time to leave, even though his asylum application would have had good chances under normal circumstances. daniel estras acknowledges this. >> we want to make sure that even last minute, they know their rights, and they know there is a chance they will get asylum even if they will apply, but once -- what we see is once they are decided, determined to get back, they never get back
it has cost greece and the eu 10 million euros. iom officials know that many immigrants fear for their safety. the head of the commission says he wants to send a message about the harsh realities of migration. >> we go to their countries of origin and show them real images of what is going on here, the people that live 50 in one room, the others that are homeless. all these bad things that are happening, so they wil kw that this is not a game. >> akibar has received the message loud...
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Jan 3, 2013
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they have the big crowds and block off the street and wear the euro trash outfit and look at you with great distapism want to drive them off the road. >> dana: exercise to me has a benefit for your mind. only way the human body gets rid of stress is work it off. that's good why it is good to walk or go to core fusion. >> kimberly: indoor court and hot tubbing are stress relievers. >> eric: slightly overweight. >> bob: obese doesn't help you. >> eric: so if you are a little overweight you work out and keep yourself in shape. so you are healthier. i love working out. i run four times a week and do push-ups every morning of my life. >> dana: push-up are the best exercise you can do. >> greg: you do it over a mirror. >> kimberly: he is like this. "god you look good." [ laughter ] >> bob: kimberly and i know that sex burns 600-calories an hour. >> kimberly: why do you say we know this? freddie burns $1600 an hour. -- freudian slip. >> greg: that the beckel institute. >> kimberly: you dragged me in to that. >> bob: it's good for you. limbers you up, when you run think about it. it hurts the
they have the big crowds and block off the street and wear the euro trash outfit and look at you with great distapism want to drive them off the road. >> dana: exercise to me has a benefit for your mind. only way the human body gets rid of stress is work it off. that's good why it is good to walk or go to core fusion. >> kimberly: indoor court and hot tubbing are stress relievers. >> eric: slightly overweight. >> bob: obese doesn't help you. >> eric: so if you are...
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unemployment rate and if it defaults on its next round it's going to end up getting kicked out of the euro zone. why do you say we're on the path to greece? >> well, because the people in greece continue to reject any kind of real reform because they've been so long denying reality that they think they can do it forever. the americans are not that far from when we had a balanced budget. we're not that far from when we paid for what we consumed. but we've got to get back to it pretty soon because after 12 years you're beginning to build the generation of citizens and even more generation of politicians who think this can go on forever. >> greta: what do you think is going to happen with the debt ceiling? people didn't notice, but secretary geithner sent a letter to capitol hill we have hit the debt ceiling. he can now do some sort of maneuvering with the money so we at least have cash for about two months, but we're about to run out of cash and a big fight offer the debt ceiling. what's going to happen? >> first of all, tim geithner, bless his heart, he's a little disingenuous in one sense.
unemployment rate and if it defaults on its next round it's going to end up getting kicked out of the euro zone. why do you say we're on the path to greece? >> well, because the people in greece continue to reject any kind of real reform because they've been so long denying reality that they think they can do it forever. the americans are not that far from when we had a balanced budget. we're not that far from when we paid for what we consumed. but we've got to get back to it pretty soon...
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zone as long as it has this is this was this an in favor of the euro the euro zone at all costs that is where european powers especially germany begin to you try it out at all costs you talk about all costs yes to austerity see if we know it was scary but yes to the eurozone at all costs the course we've been seeing for over a year if not two years now as you said a manifestation perhaps being shown of the entire eurozone problem but so. being set in the example in greece how much longer can the people there continue under those conditions and i think we're beyond the limit. of how a society can handle this and stare it which and beyond the compared to the consequences of prolonged were for or like the great depression of the 1930's to be certain mr to press he has never said that and serious i wanted to be europe or costs but he has strongly supported that there might be a solution without the sterett it but within the euro zone i think that is the contradiction of his policy i think that if you had a position that would include at least as an option. the exit from the euro zone the
zone as long as it has this is this was this an in favor of the euro the euro zone at all costs that is where european powers especially germany begin to you try it out at all costs you talk about all costs yes to austerity see if we know it was scary but yes to the eurozone at all costs the course we've been seeing for over a year if not two years now as you said a manifestation perhaps being shown of the entire eurozone problem but so. being set in the example in greece how much longer can...
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Jan 8, 2013
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euro stoxx 50 down just slightly. across the atlantic, the dow also giving up some ground, trading at this hour at 13,324 points, and the euro trading at a value of $1.3080. the greek prime minister met in berlin tuesday with the german chancellor. he highlighted the enormous efforts being made by the people of greece to meet the conditions of its international bailout, and some 90 of by saying, "we are delivering. europe is helping." >> merkel -- merkel is praising athens' austerity drive and says the entire european union faces difficulty in the months ahead to overcome differences. >> a wet and blustery berlin awaited the greek prime minister. he was in the german capital awaiting a conference organized by the newspaper, but he also dropped in on chancellor merkel for what were described as informal talks. samaras said greece was still doing all it could to get its economic house in order. >> in greece, we are making enormous effort and great sacrifices to get things back on the right track. we are doing everything
euro stoxx 50 down just slightly. across the atlantic, the dow also giving up some ground, trading at this hour at 13,324 points, and the euro trading at a value of $1.3080. the greek prime minister met in berlin tuesday with the german chancellor. he highlighted the enormous efforts being made by the people of greece to meet the conditions of its international bailout, and some 90 of by saying, "we are delivering. europe is helping." >> merkel -- merkel is praising athens'...
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Jan 9, 2013
01/13
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euro stoxx 50 down just slightly. across the atlantic, the dow also giving up some ground, trading at this hour at 13,324 points, and the euro trading at a value of $1.3080. the greek prime minister met in berlin tuesday with the german chancellor. he highlighted the enormous efforts being made by the people of greece to meet the conditions of its international bailout, and some 90 of by saying, "we are delivering. europe is helping." >> merkel -- merkel is praising athens' austerity drive and says the entire european union faces difficulty in the months ahead to overcome differences. >> a wet and blustery berlin awaited the greek prime minister. he was in the german capital awaiting a conference organized by the newspaper, but he also dropped in on chancellor merkel for what were described as informal talks. samaras said greece was still doing all it could to get its economic house in order. >> in greece, we are making enormous effort and great sacrifices to get things back on the right track. we are doing everything
euro stoxx 50 down just slightly. across the atlantic, the dow also giving up some ground, trading at this hour at 13,324 points, and the euro trading at a value of $1.3080. the greek prime minister met in berlin tuesday with the german chancellor. he highlighted the enormous efforts being made by the people of greece to meet the conditions of its international bailout, and some 90 of by saying, "we are delivering. europe is helping." >> merkel -- merkel is praising athens'...
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Jan 31, 2013
01/13
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the euro slightly up against the greenback. we will leave it at that. >> more international news now. the new york based group human rights watch issued its annual review of the human rights situation in more than 90 countries. it gives special attention to war crimes surrounding the arabs bring -- arab spring, accusing both the syrian government and rebels of war crimes. the organization criticizes burma, saying the government has not done enough to protect minorities. on the topic of syria, we spoke to the director of human rights watch in germany asking what could be done with hundreds of thousands fleeing syria and daily news of crimes. >> first of all, we have to help those people. the need aid, food, good tents, good housing, and also the western countries have to take on some of the refugees, not to leave the burden of to turkey and jordan alone. we shall revise our policy there, but also very important is the international criminal court. the rebel gang leader or the officer of assad's army -- they have to know that the
the euro slightly up against the greenback. we will leave it at that. >> more international news now. the new york based group human rights watch issued its annual review of the human rights situation in more than 90 countries. it gives special attention to war crimes surrounding the arabs bring -- arab spring, accusing both the syrian government and rebels of war crimes. the organization criticizes burma, saying the government has not done enough to protect minorities. on the topic of...
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not at the slightest you know the european union the euro zone he lives very closely intertwined. political entity the various parts within it have to have an opposite line of cajun talking to some but the with whom you disagree does not necessarily mean spelling out and i don't. suppose. i just want to follow comment from it is funny and as we heard the news that the greek parliament brought in those massive tax hikes overnight but it's a surprise many saying really harsh tax hikes but the government saying totally fair unnecessary briefly what is the impact on those are tax hikes going to have on the greek people and is it fair. they're definitely not fair and they're certainly self-defeating in the sense that you have a collapsing economy you increase the tax rates and you end up with fewer taxes all right yana thank you very much indeed sorry about the poor quality of our communication but we got there good to hear from the n.f.l. of arkansas political economist northwest joining there in athens. in the midst of the economic crisis regulators are coming under fire for making l
not at the slightest you know the european union the euro zone he lives very closely intertwined. political entity the various parts within it have to have an opposite line of cajun talking to some but the with whom you disagree does not necessarily mean spelling out and i don't. suppose. i just want to follow comment from it is funny and as we heard the news that the greek parliament brought in those massive tax hikes overnight but it's a surprise many saying really harsh tax hikes but the...
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zone as long as it has these this was this an in favor of the euro the euro zone at all costs that is where european powers especially germany can put pressure and if you. put it all waiting for you online including seek but don't find a new collection of clothes designed to hide the wearer from drones and other means of protection set to be unveiled in london soon you can go ahead to want to read how man could do to the eyes of big brother. also not just cheering crowds for the pope's prayer that's as members of the notorious ukrainian femen group stage a naked protest right in the heart of the vatican online we've got the details on what sparked the woman's discontent this time around. well it is time for a short break here on r.t. i'll be back with more of today's news in just a couple of minutes. please speak your language. programs and documentaries in arabic it's all here on. reporting from the world talks about seventy odd p. interviews intriguing stories are you. trying. to find out more visit our big teeth dog called. michelle soon which brightened. a song from feinstein chri
zone as long as it has these this was this an in favor of the euro the euro zone at all costs that is where european powers especially germany can put pressure and if you. put it all waiting for you online including seek but don't find a new collection of clothes designed to hide the wearer from drones and other means of protection set to be unveiled in london soon you can go ahead to want to read how man could do to the eyes of big brother. also not just cheering crowds for the pope's prayer...
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Jan 28, 2013
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and i think at some point in time you've got to get the euro down to the dollar, to a weaker euro, mainly to help for exports and to help spur growth, which is exactly what new prime minister is trying to do in japan. and i think one of things i want to mention that he is very i think is going to push and i think is very correct is trade within asia. and he's got to opportunities. what has been there on the table for a while and is clouded by territorial disputes, which would be japan, korea and china. and i think that it's very important that this go ahead with the second and third largest economies and the 10th largest economy in korea in the world. and he has said he really wants to move ahead on the. so i really hope so but, of course, it's clouded by these territorial disputes. the other is something, and trade as was mentioned as a subject that terry mcgraw has shown tremendous leadership and over the last decade. and we now have something new on the table, not so new was announced almost two years ago, which is the trans-pacific partnership. and i think japan should be part of that
and i think at some point in time you've got to get the euro down to the dollar, to a weaker euro, mainly to help for exports and to help spur growth, which is exactly what new prime minister is trying to do in japan. and i think one of things i want to mention that he is very i think is going to push and i think is very correct is trade within asia. and he's got to opportunities. what has been there on the table for a while and is clouded by territorial disputes, which would be japan, korea...
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euro zone cuts the cuts and lifts austerity. but the news of austerity only tightened as deep public sector cuts brought thousands of angry demonstrators to the streets of greece spain italy and portugal. the worst economic crisis of a generation has battered the european union's very foundations exacerbating tensions between member states with some regions now desperately wanting out more grew up in a europe that was divided from east to west. to europe it is divided from the self i've never at any point of the history of this union has there been more discord of rancor that we covered. corporate cash for the campaign coffers as part of the us political clean. no we here for u.k. british quit european union. we found a jury on the soldier appointed u.n. free speech and. instead a song remains a political refugee at ecuador's london embassy where he's been granted asylum he continues to fight extradition to sweden over alleged sex crimes charges that he says are politically motivated and tied to his work in leaking international
euro zone cuts the cuts and lifts austerity. but the news of austerity only tightened as deep public sector cuts brought thousands of angry demonstrators to the streets of greece spain italy and portugal. the worst economic crisis of a generation has battered the european union's very foundations exacerbating tensions between member states with some regions now desperately wanting out more grew up in a europe that was divided from east to west. to europe it is divided from the self i've never...
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there's a special case which is why the country secured this deal on its crippling sixty four billion euro bank debt it's going to be able to retain the status of coming expect to see it eventually fall apart of countries like greece though what do you think's ahead well i think there's a lot of propaganda thrown in that position within ireland at the moment and how it is doing and i think that's basically it all took trying to keep a very disgruntled public happy because i think a lot of people are aware now that there is the army people on the street that are paying the car out of billing out german and british banks and the army people are footing the bill and so i think there's quite a lot of discontent and i think that the objective of the e.u. propaganda machine is to ensure that people really don't the pastor very basic just sad that has been part of this whole issue of how the e.u. is actually forcing ireland to. it for reckless lending by german and other european banks but what is the solution i'm well i thought were a lot of us feel very much that it's on the taxpayer who had no
there's a special case which is why the country secured this deal on its crippling sixty four billion euro bank debt it's going to be able to retain the status of coming expect to see it eventually fall apart of countries like greece though what do you think's ahead well i think there's a lot of propaganda thrown in that position within ireland at the moment and how it is doing and i think that's basically it all took trying to keep a very disgruntled public happy because i think a lot of...
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and i think there will be a euro. the question is what it'll look like and what the membership will be. because, you know, originally there was a big school of thought saying that the euro just should have been the northern tier of the membership. it shouldn't have taken in the so-called southern tier countries that have problems. and the next year or two, i think, are really key. and this idea of complacency, and i've had some talks -- actually, he was good enough to buy my book last year and read it, and we've discussed it. i was with him a month ago, and i think he's one of the more thoughtful people in the bureaucracy in brussels. and i think that when he starts talking about complacency, and i should say younger came out, also, and talked about his concern on the value of the euro vis-a-vis the dollar. my point on exports. so i think we're very far from where a lot of members of the marketplace are that, you know, the worst is over for europe, don't worry, it's just a matter of time. >> [inaudible] >> did everyon
and i think there will be a euro. the question is what it'll look like and what the membership will be. because, you know, originally there was a big school of thought saying that the euro just should have been the northern tier of the membership. it shouldn't have taken in the so-called southern tier countries that have problems. and the next year or two, i think, are really key. and this idea of complacency, and i've had some talks -- actually, he was good enough to buy my book last year and...
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zone as long as it has this is this was this an in favor of the euro of the euro zone at all costs that is where european powers especially germany can put pressure on the ship some greeks it using pretty extreme ways of showing they're fed up with the government and then opens the headquarters of the greek wedding party with an a k forty seven no group has claimed responsibility but the shooting comes off the back of a wave of similar attacks by anarchists but it altie dot com for you. also a lot of the moment a virus invades new york the state government has declared a health emergency over the spread of flu this is epidemic is already five times the size of last year's. it's. israel is facing international criticism after its paramilitary forces shut down a palestinian protest camp in the west bank despite the country's supreme court for bringing women netanyahu also promised to build even more settlements in the area one of the protesters told us the prime minister is just scoring points ahead of the election when you have five hundred more than five hundred fully armed israeli sold
zone as long as it has this is this was this an in favor of the euro of the euro zone at all costs that is where european powers especially germany can put pressure on the ship some greeks it using pretty extreme ways of showing they're fed up with the government and then opens the headquarters of the greek wedding party with an a k forty seven no group has claimed responsibility but the shooting comes off the back of a wave of similar attacks by anarchists but it altie dot com for you. also a...
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zone as long as it has this is this was this an in favor of the euro of the euro zone at all costs that is where european powers especially germany would press or. some greek situation pretty extreme ways of showing they're fed up with a government a man opened fire on a quarter of the greek ruling party with a k forty seven group has claimed responsibility for the shooting comes off the back of a wave of similar attacks. on dot com for you and also online. piracy invades new york state governors declared a health emergency over the spread of the influenza its use of a demick is already five times the size of last year's. israel's launch what's expected become the largest ever multinational air force exercise lasting the entire year but as artie's paula slip now reports the costly project has left many israelis wondering if the military is where the money is needed israel and the united states are sharing military drills bigger than any they've done in the past thousands of troops and millions of dollars but with social grievances that still need to be addressed and a prime minister loo
zone as long as it has this is this was this an in favor of the euro of the euro zone at all costs that is where european powers especially germany would press or. some greek situation pretty extreme ways of showing they're fed up with a government a man opened fire on a quarter of the greek ruling party with a k forty seven group has claimed responsibility for the shooting comes off the back of a wave of similar attacks. on dot com for you and also online. piracy invades new york state...
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jon, if there is any is that business and consumer confidence is up in the euro zone. some studies are showing, and basically the market turmoil has sort of calmed down, but still the labor markets are really the drain on the situation now, and with bank lending down precipitously there is talk that the european central bank may need to come up with some new measures to stimulate economy, possibly loring interest rates. they are having a rate-setting meeting this thursday. jon: and i'm guessing their actual unemployment rate is a lot higher than the 11.8% that -- >> that is an average across the block, jon, so it's lower in some countries, and as you see really high in places like spain, and youth unemployment, crazy 50% in places like greece. jon: wow, let's hope that is not a glimpse into our future. amy kellogg, thanks. jenna: a new flare-up of violence between new nuclear armed countries. india accusing pakistan of killing two of its soldiers while on patrol near the highly disputed region of kashmir. this comes two days after a fight in which pakistan claims one o
jon, if there is any is that business and consumer confidence is up in the euro zone. some studies are showing, and basically the market turmoil has sort of calmed down, but still the labor markets are really the drain on the situation now, and with bank lending down precipitously there is talk that the european central bank may need to come up with some new measures to stimulate economy, possibly loring interest rates. they are having a rate-setting meeting this thursday. jon: and i'm guessing...
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this time isn't actually hurting it is actually hurting it can't actually work whilst you're in the euro in the single currency it will create more economic problems and that's why we see unemployment across the eurozone vising quite alarming leigh so he's very happy that arlen is getting on with the policy of austerity but actually it's actually the wrong policy at this time ok so on their island is it going to change. well ireland will not will not change the drive cost over tea in the european union really what's needed is that countries need to recognize that the austerity they are being forced to undertake by the european central bank community and you as well as the i.m.f. in spain and in greece and other nations is actually causing more economic harm because the irish government is so wedded to the austerity drive just as the german government is it seems there won't be a change in european union policy but there needs to be this change because we can see the unemployment rising across the eurozone countries are suffering a great deal of economic harm and the far this has this pre
this time isn't actually hurting it is actually hurting it can't actually work whilst you're in the euro in the single currency it will create more economic problems and that's why we see unemployment across the eurozone vising quite alarming leigh so he's very happy that arlen is getting on with the policy of austerity but actually it's actually the wrong policy at this time ok so on their island is it going to change. well ireland will not will not change the drive cost over tea in the...
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for the euro we have well you're really. in it stagnant and stagnant and it doesn't have much but you're ok go ahead. well i would i think be in favor of the european union on a low i believe in you know the private separate develop of the various ethnic groups throughout europe and i dress particular situation here in ireland separatist movements did not necessarily equate with isolationist policies and i mean i would be a very strong european and of though i would argue strongly and support the people of scotland for their independent parliament it does not mean and it does not follow that the people of scotland want to be totally isolated from the european union i think the economic realities that we live under forced us to live together and cooperate because i know for sure that i mean our major competitor i always focus on america i don't think america is satisfied the united europe and i mean i think the various lessons they've learned over the last number of years would suggest that america in many ways undermines the
for the euro we have well you're really. in it stagnant and stagnant and it doesn't have much but you're ok go ahead. well i would i think be in favor of the european union on a low i believe in you know the private separate develop of the various ethnic groups throughout europe and i dress particular situation here in ireland separatist movements did not necessarily equate with isolationist policies and i mean i would be a very strong european and of though i would argue strongly and support...
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euro/dollar is about 1% higher on the back of that news. the ifo institute, current conditions, 108. headline index, 104.2 versus 103. ross, what do you make of it? >> well, you can see what's going on with the euro there, 134. let's get more from finland. good to see you, alex. thanks indeed for joining us. the defense here that we're no longer in crisis fighting mode, the question as we look at data in germany, the question is whether we've made a fundamental turn, a fundamental change and whether things are temporary. >> i certainly hope we've made a fundamental turn. if this crisis is 100 steps, i'd say we are about 60 steps down the road. now, really, we have the fundamental institutional things in place. so that has calmed down the markets. what we now need is political stability. i think the italian election is one thing and the second thing we need in europe more than anything else is -- >> yeah. we thought stabilizing the crisis in terms of the bond spreads playing out was hard. getting growth into europe looks to be an almost impo
euro/dollar is about 1% higher on the back of that news. the ifo institute, current conditions, 108. headline index, 104.2 versus 103. ross, what do you make of it? >> well, you can see what's going on with the euro there, 134. let's get more from finland. good to see you, alex. thanks indeed for joining us. the defense here that we're no longer in crisis fighting mode, the question as we look at data in germany, the question is whether we've made a fundamental turn, a fundamental change...
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and greece have done because we know that austerity at this time point actually work last year in the euro in the single currency it will create more economic problems and that's why we see unemployment across the eurozone rising quite alarming for you so he's very happy that arlen is getting on with the e.u. as policy of austerity but actually it's actually the long policy this time. the i.m.f. top economist olivea blanchard admits he was wrong about earlier sorry to forecast admitting failure to see the grave consequences which the financial measures brought on reka e.u. countries such as greece and i.m.f. working paper says the funder significantly underestimated any potential increase in unemployment. your poorly a london based financial advice and wealth manager says regardless of the latest statements the people will end up paying for government's mistakes. the reality is of course the most waste western governments which includes most of the southern european countries the level of state involvement in the economy has grown substantially over the last few years and what happens is o
and greece have done because we know that austerity at this time point actually work last year in the euro in the single currency it will create more economic problems and that's why we see unemployment across the eurozone rising quite alarming for you so he's very happy that arlen is getting on with the e.u. as policy of austerity but actually it's actually the long policy this time. the i.m.f. top economist olivea blanchard admits he was wrong about earlier sorry to forecast admitting failure...
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Jan 9, 2013
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, the correlation between the euro and the s&p kind of weakened to the favor of the euro. and if the thing that i mentioned this year will happen, which is basically, you know, the gdp growth in greece may come back up, i think that will be good for the u.s. >> boris, response briefly. >> yeah, but you know, we can play the same game on the euro side where we -- we heard that story over and over again. what we have, moderation of periphery yields, euro rallies, then again we have another flare-up of the crisis. so my question is, will the spanish be able to refinance all of their debt? will italians be able to finance their debt? i think a lot of the positive compression of periphery yields is in the euro. now i agree, i don't think the dollar is going to have a massive rally against the euro unless there's a major source of friction in the eurozone as we go forward. i think a lot of the benefit that the euro has seen has already baked into the cake. i agree with you that in a sense, yes, dollar could rally more against the yen than against the euro, but nevertheless could
, the correlation between the euro and the s&p kind of weakened to the favor of the euro. and if the thing that i mentioned this year will happen, which is basically, you know, the gdp growth in greece may come back up, i think that will be good for the u.s. >> boris, response briefly. >> yeah, but you know, we can play the same game on the euro side where we -- we heard that story over and over again. what we have, moderation of periphery yields, euro rallies, then again we...
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which are continuing it course has the economic problems which have been happening ever since the the euro which created high inflation there and then of course exacerbated the faster they had ready to take on the presidency of the european council is of course a very large piece of work not just for the senior politicians in the government but also for many of the civil servants and they would be better off spending their time really trying to address arlen's economic difficulties rather than trying to solve the problems within the european union which are very great indeed of course unemployment now in the e.u. is alarmingly high and of course the thing is that arlen when he says island is the reason that ireland's opposed to boil for austerity means that the irish people are not protesting and taking up their white to protest as people in spain and greece have done because we know that austerity at this time point actually work last year in the euro in the single currency it will create more economic problems and that's why we see unemployment across the eurozone rising quite alarmingly
which are continuing it course has the economic problems which have been happening ever since the the euro which created high inflation there and then of course exacerbated the faster they had ready to take on the presidency of the european council is of course a very large piece of work not just for the senior politicians in the government but also for many of the civil servants and they would be better off spending their time really trying to address arlen's economic difficulties rather than...
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say berlin is making approaches towards what it believes will be the future leader of the troubled euro zone meant that. the french foreign minister says his country's military campaign against islamist in mali will be a short one more than four hundred french troops are fighting in the african nation to help the government regain the north from well armed rebels who seized control of the area nine months ago but political writer and journalist barry loaned believes paris will be stuck in the operation for longer that it expects. i think it's also part of you know france's tradition has its colonial past or its great past in degree in west africa and also in asia and the french are still not forgotten that i think that's very much part of it and also of course there is that economic interest there if the country was really ready to come apart has their friend seemed to feel that perhaps it was i think the problem is that it's totally open ended the french have given no they probably don't know exactly what they're at the actives are what is there and how long is this going to go on and
say berlin is making approaches towards what it believes will be the future leader of the troubled euro zone meant that. the french foreign minister says his country's military campaign against islamist in mali will be a short one more than four hundred french troops are fighting in the african nation to help the government regain the north from well armed rebels who seized control of the area nine months ago but political writer and journalist barry loaned believes paris will be stuck in the...
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ve difficult for mulims tosherry, secularize it and to eliminatety the liberty crushing aspects the euro one you wrote that u.s.liby amba policymakers opposed by christopher stevens havelaw sacrificed u.s. lives, ourou as, nation is ignoring sharia lawy and practices. you assert that the islamic totalitarianism, you are saying that it has a tutorial at terry and winter.ave a sular >> we have those that we chosea, to undermine and replace. hosnib mubarak, even the odious qadhafi. yet what is their replacement?n the replaceent from the get-go,o we actually supported them of muslim brotherhood jihadist to have a supremacist outlook. and we are still, the late ambassador stevens unfortunateln chose to go intofo th jihadist i hotbed in libya, which dates back to our borders. they were fighting then. thanyou so much for bei with rin us. lou: as the housing market really recovering? $17 trillion is riding on the answer. thes ceounting forome $82 bi lou: foreign buyerare helping to boost our housing msarket. those buyers accounted for billn $82 billion in home sales over the past year. 9 billion
ve difficult for mulims tosherry, secularize it and to eliminatety the liberty crushing aspects the euro one you wrote that u.s.liby amba policymakers opposed by christopher stevens havelaw sacrificed u.s. lives, ourou as, nation is ignoring sharia lawy and practices. you assert that the islamic totalitarianism, you are saying that it has a tutorial at terry and winter.ave a sular >> we have those that we chosea, to undermine and replace. hosnib mubarak, even the odious qadhafi. yet what...